A judge ruled against the Kleiman legal team’s motion to impose sanctions on Craig Wright and the case has been cleared to go to trial. Craig Wright, the man who proclaims himself Satoshi Nakamoto, will not be subject to court sanctions and has been cleared to present an expert witness in support of his autism […]
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Australians can deposit money for a local Bitcoin exchange at the post office. Australians can now pay for Bitcoin (BTC) at the country’s post offices, thanks to a new collaboration. According to a June 24 announcement, customers of local cryptocurrency exchange Bitcoin.com.au will be able to pay for Bitcoin at more than 3,500 Australian Post […]
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Police in Burnaby have noted a surge in Bitcoin-related scams across Vancouver. The Royal Canadian Mounted Police, or RCMP, in Burnaby, a district of Vancouver in British Columbia, reported a surge of Bitcoin (BTC) related scams across the city. This news comes amid recent reports of similar activity occurring across Canada. Authorities say scammers call […]
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A bill that would outlaw end-to-end encryption for technology companies was proposed by three Republican senators; meanwhile, Ava and Cardano would not yield. Three Republican senators introduced a bill to end “warrant-proof” encryption on June 23. It invokes national security as a pretext for requiring device manufacturers and service providers to assist law enforcement by […]
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Wells Fargo warned that stocks could sell-off after an amazing recovery, meaning Bitcoin price is also possibly at risk of a sharp correction. Wells Fargo anticipates U.S. corporate pensions will move $35 billion into fixed income. Analysts believe this may cause a sharp sell-off in the stock market and given the correlation between Bitcoin and […]
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A hacker named “Fxmsp” managed built a million dollar cybercriminal business over three years. A new report shows that a Kazakhstani hacker built a million dollar fortune by breaching private networks and selling their data. Researchers at threat intelligence company, Group-IB, said that the hacker, who operates under the pseudonym “Fxmsp,” began promoting their services […]
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Three major shifts will lead to crypto and blockchain adoption worldwide, and they have already started reshaping our world. There’s a revolution happening. We’re moving toward a world with a massive reduction in trust in centralized institutions and ways of doing things. There are several concurrent shifts happening right now, including a shift away from […]
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Beam updates details on its June 28 hard fork, laying out foundations for the firm’s future DeFi offering. Major privacy-oriented cryptocurrency, Beam (BEAM), is making its first official move towards decentralized finance, or DeFi. In anticipation of Beam’s soon-to-come hard fork, the team behind the project updated a number of relevant specifications, paving the way […]
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A few major cryptocurrencies are close to breaking below their critical support levels, indicating further downside in the next few days. Coronavirus cases are jumping across the world as nations reopen their economies and this raises the risk of a second wave which could slow down the current recovery in major markets. Global debt levels […]
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Bitcoin’s mining difficulty recently spiked, while miners hold larger piles of Bitcoin than usual. Recent findings from analytics company Digital Assets Data show miners hanging on to their Bitcoin (BTC). “Rolling MRI (Miner’s Rolling Inventory) has declined significantly since the halving, meaning that miners are holding onto more BTC than they are mining, despite the […]
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